ForexFin

Forex Concepts

Short, plain-English explanations of the things every retail trader needs to know — each linked to the calculator that lets you put the concept into practice.

Core concepts
What is a pip?

The smallest standard price move in forex. What it's worth, why JPY pairs are different, and how to compute pip value for any position.

What is leverage?

Why a 30:1 broker lets you control €30,000 with €1,000 — and why that's a magnifier on losses, not just gains.

What is a margin call?

When the broker auto-closes your trades, why it happens to almost every new trader once, and how to keep it from happening to you.